The Impact of the Shale Revolution Continues

The impact of the shale revolution continues to create economic opportunities and to weaken OPEC.
The American oil and gas industry has come a long way since the 1973-74 OPEC oil embargo timeframe. There was a time according to projections that the U.S. was reaching a point of running out of oil, that dependence on foreign oil would be the norm.
A little over three years ago, the West Texas Int...